Instituto Psicopedagogico de Puerto Rico

Analysis

Instituto Psicopedagogico de Puerto Rico is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Instituto Psicopedagogico de Puerto Rico reported income of $8.0m and spending of $6.2m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.9m to $8.0m (+63%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Instituto Psicopedagogico de Puerto Rico sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 91st percentile within PR. Charities of a similar size with the same main cause include Palacios Community Medical Center ($8.0m), Head Strong Project Inc ($8.0m) and Coronado Hospital Foundation ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 59% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $4.8m against liabilities of $1.4m, net assets of $3.4m. It reported 250 employees.